Key takeaways from the Canterbury property market

Canterbury saw median house prices reach a record $595,000 in July, up 24.7% from the same time last year.

Canterbury saw a 48.6% decrease in the total number of properties available to prospective purchasers with 1,303 properties in July, down from 2,535 in July 2020 – the lowest level of inventory since records began.” – Jen Baird, REINZ CEO

We’ll likely see a continued slowing in the rate of price increases over the coming months as the property market absorbs the recent changes and winter really sets in.” – QV general manager David Nagel


Compared to July 2020

  • Median Price up 24.7%
  • Sales Count down 8.1%
  • Days to Sell decreased 6 days

Compared to June 2021

  • Median Price up 5.3%
  • Sales Count down 12.5%
  • Days to Sell increased 1 days



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